Monday, April 20, 2009

Let's check in on Gold

http://www.marketwatch.com/news/story/story.aspx?guid={F575CACC-0D18-43DD-86BB-DFE68FBE1F32}

As I stated at the begin of the year, we would talk a lot about how Gold does not perform as expected. Deflation is destroying value, including Gold, along with this as people start talking about recovery you can expect gold to fall as professional investor exit the trade. In the end Gold was near a top at $1000. It may go back someday but not this year.

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